User loses all 80 BTC after moving holdings into newly purchased Ledger wallet

User loses all 80 BTC after moving holdings into newly purchased Ledger wallet

N
News Editor
2026-10-09 16:01:26
According to on-chain tracker Lookonchain, a user bought 80 BTC about four months ago at $65,000 per coin, putting in roughly $5.2 million. The position later showed an unrealized profit of about $1.38 million. One week ago, the user bought a Ledger hardware wallet from third-party reseller CryptoBillis and transferred the full 80 BTC into it. The funds have now been stolen. Lookonchain said the case appears linked to recent thefts involving multiple CryptoBillis customers. At the same time, key details remain unconfirmed. It is still unclear whether the device had been tampered with, how the attack was carried out, or who was behind it. The report does not establish a confirmed attack path, and no verified attribution has been provided.

On-chain tracker Lookonchain said on Oct. 9 that a user bought 80 BTC about four months ago at $65,000 each, for a total cost of roughly $5.2 million. The holding later showed an unrealized profit of about $1.38 million.

One week ago, the user purchased a Ledger hardware wallet from third-party reseller CryptoBillis and transferred all 80 BTC into it. The funds have now been stolen.

Lookonchain said the incident appears to be connected to recent thefts affecting multiple CryptoBillis customers. Still, it remains unconfirmed whether the device was tampered with, what attack method was used, and who carried out the theft.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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